4 ms·
Anyone holding NVDA or any tech stock for more than 10 years would have had massively beat the market. I assume by speculators short term holders and traders.
by greyw 2y ago
Anyone holding NVDA or any tech stock for more than 10 years would have had massively beat the market.
I assume by speculators short term holders and traders. Sure these people wont have alpha over entities that take it seriously.
Anyway I don't think EMH holds at most a very very weak version of it. It's quite obvious that smallcaps, micro- and nanocaps are from time to time mispriced. The big traders are also not around to mess with those.
- kqr 2y ago> Anyone holding NVDA or any tech stock for more than 10 years would have had massively beat the market. Right, so anyone with a time machine can beat the market? That's not how this works. Can you confidently point to a stock today that will have out-earned the market by next decade? That is the question facing investors and it's a much harder one.
- greyw 2y agoA single stock no (usually 1 in 3 perform disappointingly) but a collection of stocks sure. They are all companies you never heard of and has worked out just fine for me. Usually opportunities come from time to time. For example us met coal mines during covid. ESG boomed and funds dropping them, banks stopped giving new loans, supply chain messed up, priced for bankruptcy. Plenty of people treated met coal the same as thermal coal. Clearly steel is was not going away so a couple hand picked west virginian and alabama met coal mines did wonders. I spend a lot of time researching calling emailing companies there is no free lunch. Its fun and makes me very good money. Anyway Im not going to peddle my small caps here. Indexing is still the best strategy in general.
- deleted 2y ago[deleted]